Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Thales
  6. News
  7. Summary
    HO   FR0000121329

THALES

(HO)
  Report
Real-time Euronext Paris  -  11:37 2022-12-08 am EST
122.75 EUR   +1.87%
12/08Thales : and DSNA unveil a new vision of air traffic management with 4-FLIGHT
PU
12/08Thales : Alenia Space to start MicroCarb's instrument integration for Europe's first atmospheric carbon monitoring mission
PU
12/07UK orders thousands more anti-tank weapons
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

THALES : modernises Iraq’s air traffic management

12/12/2013 | 05:00am EST

Thales, world leader in ATM, signed a contract with the Iraqi Civil Aviation Authority (ICAA) for the modernisation of Iraqi airspace.

Thales will deliver a TopSky-ATC centre in Baghdad, this in addition to the ATC centre equipped in Basrah in 2007. This contract makes Thales's TopSky-ATC the referenced air traffic control system in Iraq. Thales will also supply 3 latest generation RSM970S secondary radars to the ICAA, which will complement Iraqi air space coverage.

This contract highlights the strength of the partnership being forged between Thales and the ICAA. In their efforts to reconstruct and modernise Iraqi infrastructure in the post war period, the ICAA has been seeking long term partnerships with systems providers capable of delivering both advanced and efficient ATM systems, and the knowhow necessary to train world class ATC controllers. Thales TopSky-ATC's technological superiority and training excellence, assures the future proofing of Iraq's air traffic management.

This contract brings the total number Thales ATM centres and towers in the region to 16. In addition to the radar coverage provided to the United Arab Emirates, Kuwait, Iran, Saudi Arabia, Qatar, Egypt and Pakistan as well as the navaids which cover the entire region, Thales is the largest ATM provider in the Middle East.

As a destination, as a waypoint between the eastern and western hemispheres and as the hub for some of the world's major airlines, the Middle East is a crucial ATM region. Iraq is in a vital regional and geographic position and as it comes out of a very difficult period, Thales will be there to support them in building a world class air traffic management network
Jean-Marc Alias, Vice President of Thales ATM

Key points
  • With Baghdad as the country's main ATC centre, multiple radars and Navaids, Thales reaffirms position as strategic partner in the ICAA's efforts to build a world class ATM network
  • State of the art TopSky ATC, is now the most successful ATC system in the world
  • With 16 ATC centres, radar coverage across six countries and full navaid coverage, Thales is the largest ATM provider in the Middle East

About Thales ATM

The world's largest footprint

240 TopSky ATM solutions, 7,000 Navaids, 600 radars, 1,600 ADS-B/MLAT stations, and over 16,000 controllers utilising Thales solutions.

Two out of three aircraft take off, reach their destination and land thanks to Thales's systems.

The world's broadest product offering

Leading the way in all modes of surveillance, and able to provide all technologies in the ATM market. In 2013 Thales reinforced its standing by acquiring the ITS business from Egis Avia, allowing the group to broaden our offer in the airport infrastructure market and on tools maximising data flow for airport operators, civil aviation authorities and carriers.

Leader in all 3 major initiatives for the restructuring of global ATM

Number 1 industrial partner to SESAR, involved in NextGen and ICAO Block Upgrades, Thales fully integrates all of these evolutions in its product roadmap.

distributed by

© Publicnow 2013
All news about THALES
12/08Thales : and DSNA unveil a new vision of air traffic management with 4-FLIGHT
PU
12/08Thales : Alenia Space to start MicroCarb's instrument integration for Europe's first atmos..
PU
12/07UK orders thousands more anti-tank weapons
RE
12/06Fusion Research At The World's Most : Thales and Marvel Fusion cooperate with ELI-NP
PU
12/06Thales Reinforces Its Border & Travel Offer with the New Multimodal Biometric Pod
CI
12/06THALES : Ex-dividend day for interim dividend
FA
12/02THALES ADDRESSES INCLUSIVITY WITH ITS 'VOICE PAYMENT CARD'; A payment innovation that b..
AQ
12/02Thales : Space Cargo Unlimited and Thales Alenia Space unveil details of their alliance fo..
PU
12/01Companies have reached deal on FCAS jet programme, says Dassault Aviation head
RE
12/01Eutelsat Orders Software-Defined Satellites from Thales Alenia Space
MT
More news
Analyst Recommendations on THALES
More recommendations
Financials
Sales 2022 17 521 M 18 478 M 18 478 M
Net income 2022 1 119 M 1 181 M 1 181 M
Net cash 2022 193 M 203 M 203 M
P/E ratio 2022 23,9x
Yield 2022 2,29%
Capitalization 25 990 M 27 410 M 27 410 M
EV / Sales 2022 1,47x
EV / Sales 2023 1,28x
Nbr of Employees 78 565
Free-Float 46,0%
Chart THALES
Duration : Period :
Thales Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THALES
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 122,75 €
Average target price 144,07 €
Spread / Average Target 17,4%
EPS Revisions
Managers and Directors
Patrice Caine Principal
Pascal Bouchiat CFO, Senior EVP-Finance & Information Systems
Philippe Keryer Executive VP-Strategy, Research & Technology
Jean-Loïc Galle SEVP, Chief Operating & Performance Officer
Ann Winifred Taylor Independent Director
Sector and Competitors
1st jan.Capi. (M$)
THALES64.10%27 410
HENSOLDT AG66.93%2 302
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD-12.23%2 222
MAXAR TECHNOLOGIES INC.-18.79%1 799
PLANET LABS PBC-13.50%1 437
OHB SE-4.86%624